|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.38 - 39.20|
|52 Week Range||31.86 - 46.56|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.44%|
The “Job Openings and Labor Turnover Survey” (or JOLTS) data for February was reported on April 13, and it contains information about job openings and total separations. The total number of separations includes layoffs, retirements, and voluntary quitting. As per the latest JOLTS report, the total separations for February was 5.2 million at a rate of 3.5% of the total workforce and a decrease from the January reading of 5.9 million and 4.1%, respectively.
Exchange-traded funds that track the home-building sector rose on Tuesday, as data on housing starts rebounded in March. The SPDR S&P Homebuilders ETF rose 0.6% while the iShares U.S. Home Construction ...
The University of Michigan final consumer sentiment for March was reported at 101.7, up by 1.7 as compared to the final February reading of 99.7. The consumer sentiment index is a forward indicator, as it considers the expectations that consumers have about the economy. Consumer expectations influence their spending decisions, which in turn have an impact on the aggregate demand in the economy.
The Institute of Supply Management (or ISM) releases a monthly report on economic activity in the non-manufacturing sector or the services sector. This report has a similar format as the manufacturing sector report and is prepared by conducting a survey of purchasing and supply executives in these sectors. In March, the service sector continued to grow but at a slower pace.
China retaliated by floating a 25% levy on U.S. soybean imports, sending the commodity’s price plunging and gearing up for a high-stakes clash between the two countries. While soybeans ranked first on the list, it also caused Brazil to enter the podium due to its position as the second-largest soybean producer in the world and also a potential beneficiary of the trade spat between the U.S. and China. Homebuilders came in third as new home orders surged amid a strong housing demand that benefits from low unemployment and rising wages. Volatility continued to be of interest as markets ebb and flow amid global political uncertainty, while small-cap value equities are appealing to investors who just got out of the big names.
Home construction stocks and homebuilder ETFs shook off the broader market weakness and climbed Wednesday after Lennar Corp (NYSE: LEN) revealed better-than-expected quarterly results and pointed to robust ...
The Bureau of Economic Analysis (or BEA), which is a part of the US Department of Commerce, releases a monthly report on personal income, disposable personal income, and personal consumption expenditures of US consumers. As per the latest report from the BEA, personal income increased by 0.4% in February, which was the same level of wage growth in January.
What Do these 10 Economic Indicators Signal for the US Economy? The Conference Board uses the number of building permits issued as one of the constituents of its Leading Economic Index (or LEI) model. The time gap between the issuance of the permit and the commencement of construction (PKB) activity makes this indicator a forward-looking one. The housing sector (ITB) employs a considerable percentage of the workforce, making a healthy housing market (XHB) a positive sign for the economy.
U.S. home sales may be lackluster and prices may be on a tear, but there are plenty of tailwinds to boost housing stocks and ETFs ahead.
Exchange-traded funds that track the home-building sector fell on Tuesday, following the most recent data on home prices. The SPDR S&P Homebuilders ETF fell 0.4% while the iShares U.S. Home Construction ...
Did the Housing Market Take a Breather in February? The United States National Association of Realtors (or NAR) releases a monthly report on the existing home sales (ITB) market. The report publishes data concerning existing housing inventory, total housing inventory, median home prices, and mortgage rates.
In this article, I will take a quick look at Interbud-Lublin SA.’s (WSE:ITB) recent ownership structure – an unconventional investing subject, but an important one. When it comes to ownershipRead More...
Did the Housing Market Take a Breather in February? The number of building permits issued is a useful tool in forecasting demand and supply in the housing sector (REM). An increasing number of building permits is a sign of future construction (ITB) activity, which could lead to higher employment and economic output.
Did the Housing Market Take a Breather in February? Just as markets were celebrating the stellar 9.7% increase in housing starts in January, the February data proved to be a damper for that enthusiasm. Housing starts decreased by 7% in February and were down 4% as compared to the same period a year ago.
Did the Housing Market Take a Breather in February? The National Association of Home Builders (or NAHB) is an association of 700 state and local associations of home builders (REM), real-estate sales and marketing professionals, and re-modelers. The NAHB publishes the Housing Market Index (or HMI) every month based on a survey of its members.
Solid sales data, homebuilders' strong confidence level and the upcoming spring season are major tailwinds for the industry. Adding a few housing stocks seems to be a smart move.
SPDR S&P Homebuilders ETF (ticker: XHB) and iShares U.S. Home Construction ETF (ticker: ITB) have benefited from the recovery in U.S. housing. Both funds returning more than 275% since 2009. Bloomberg's ...
January’s JOLTS (Job Openings and Labor Turnover Survey) data, which contains information about job openings and total separations, was reported on March 16. The separation total includes layoffs, retirements, and voluntary quits. Total separations in January stood at 5.9 million, representing 4.1% of the total workforce and a minor increase from the December reading of 5.1 million.
When Interbud-Lublin SA.’s (WSE:ITB) announced its latest earnings (30 September 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarks I used wereRead More...
A sentiment tracker for the home construction industry fell because builders are having trouble finding lots, according to the lobby group, but it’s also likely that recently-announced tariffs are also ...